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Costco: 1 oz Gold Bar Rand Refinery (New in Assay) $2079.99

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Joined Feb 2007
L6: Expert
> bubble2 1,197 Posts
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alexta6
01-31-2024 at 05:39 PM.
01-31-2024 at 05:39 PM.
I want the dragon one
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Joined Apr 2015
L5: Journeyman
> bubble2 915 Posts
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goyangyi1
01-31-2024 at 05:47 PM.
01-31-2024 at 05:47 PM.
Quote from AladdinA4510 :
Why do people buy these?

Cuz gold is bling bling
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Joined Dec 2011
L1: Learner
> bubble2 114 Posts
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Whatisyourdeal
01-31-2024 at 05:48 PM.
01-31-2024 at 05:48 PM.
Has anyone had any issues with delivery? UPS claims my order was damaged and could not deliver. Costco said they would issue refund but they are dragging their feet or waiting for UPS to officially say the good bar is missing. Terrible customer service from both companies. Very disappointed with Costco.
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Joined Sep 2015
L2: Beginner
> bubble2 96 Posts
18 Reputation
Florencemachine
01-31-2024 at 05:51 PM.
01-31-2024 at 05:51 PM.
Quote from Whatisyourdeal :
Has anyone had any issues with delivery? UPS claims my order was damaged and could not deliver. Costco said they would issue refund but they are dragging their feet or waiting for UPS to officially say the good bar is missing. Terrible customer service from both companies. Very disappointed with Costco.

Sounds like someone in the supply chain figured out what the package was and made it disappear, clever trick ups transit truck loader 😀
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Joined Dec 2015
L5: Journeyman
> bubble2 538 Posts
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Besser
01-31-2024 at 05:56 PM.
01-31-2024 at 05:56 PM.
$2,079 for a small gold bar this is not a deal shop will not pay spot and if they do you have a rare connection no one wanna pay 💰 up lol 😂 so that being said another alternative invest in silver can't go wrong with silver also
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Joined Dec 2016
L2: Beginner
> bubble2 41 Posts
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mr_no_business
01-31-2024 at 06:04 PM.
01-31-2024 at 06:04 PM.
Quote from Besser :
$2,079 for a small gold bar this is not a deal shop will not pay spot and if they do you have a rare connection no one wanna pay 💰 up lol 😂 so that being said another alternative invest in silver can't go wrong with silver also

lol I went wrong with silver, still upside down on some from 10+ years ago
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Joined Aug 2008
L9: Master
> bubble2 4,277 Posts
3,250 Reputation
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foxfai
01-31-2024 at 06:24 PM.
01-31-2024 at 06:24 PM.
Quote from Clu11152 :
IMO buying gold is more of a hedge - if you think 1) long term appreciate/diversification or 2) world is ending and paper money will be useless. These listings typically sell out very quickly, gold seems to be more sought after right now with everything going on.

Having said that, keep in mind that you'll be charged your state's sales tax on this purchase
No tax last time I bought it for one. Also people get their 2% cash back or whatever rewards when they make a purchase, so it's a win win buy.
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Joined Dec 2011
L1: Learner
> bubble2 8 Posts
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ahrs88
01-31-2024 at 06:30 PM.
01-31-2024 at 06:30 PM.
Does anyone know how these are delivered?

I don't want 2k of gold just being left outside my apartment. Is there a way to choose to pickup or sign only?
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Joined Jan 2009
L3: Novice
> bubble2 223 Posts
290 Reputation
funnyman
01-31-2024 at 06:31 PM.
01-31-2024 at 06:31 PM.
There is no tax in CA. Other post regarding state tax, Misinformation or is it state dependent?
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Joined Apr 2019
L2: Beginner
> bubble2 78 Posts
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PowerfulRaccoon3767
01-31-2024 at 06:33 PM.
01-31-2024 at 06:33 PM.
The return is much better on Costco stock.
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Joined Dec 2016
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> bubble2 5 Posts
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iLoveGreatDeals69
01-31-2024 at 06:39 PM.
01-31-2024 at 06:39 PM.
Quote from ahrs88 :
Does anyone know how these are delivered?

I don't want 2k of gold just being left outside my apartment. Is there a way to choose to pickup or sign only?

It is signed delivery only. They won't leave it at the porch if you don't answer
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Joined Dec 2016
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> bubble2 5 Posts
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iLoveGreatDeals69
01-31-2024 at 06:40 PM.
01-31-2024 at 06:40 PM.
Quote from funnyman :
There is no tax in CA. Other post regarding state tax, Misinformation or is it state dependent?

No tax in TX as well. Bought a couple to hit credit card minimum spending limits. Overall a good buy for me than overspending in restaurants or liqor stores to meet the minimum spend on CCs to get sign on bonuses.
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Joined Dec 2023
New User
> bubble2 1 Posts
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scsica
01-31-2024 at 06:42 PM.
01-31-2024 at 06:42 PM.
Quote from Clu11152 :
IMO buying gold is more of a hedge - if you think 1) long term appreciate/diversification or 2) world is ending and paper money will be useless. These listings typically sell out very quickly, gold seems to be more sought after right now with everything going on.

Having said that, keep in mind that you'll be charged your state's sales tax on this purchase
This depends on what state you live in. In NY State, no sales tax applies.
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Joined Nov 2017
New User
> bubble2 5 Posts
14 Reputation
EdwardD4351
01-31-2024 at 06:49 PM.
01-31-2024 at 06:49 PM.
Quote from burgerbob :
If you want a hedge, GLD is much easier to buy and sell. If you think the world will end, buy essentials like food and medicine, maybe a farm to live on.

GLD is putting your trust in a 3rd party bank like JPM, you won't know the true amount of gold stored in their vaults and good luck with the audit.

Physical is your best bet especially if the government decides to do a FDR style revaluing of gold on the federal reserve bank sheet to show gold reserves are now much higher at 5-10k/oz vs 2k currently

Bitcoin is a much better bet regardless.
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Last edited by EdwardD4351 January 31, 2024 at 06:52 PM.

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Joined Nov 2011
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> bubble2 12 Posts
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lestuhh
01-31-2024 at 06:50 PM.
01-31-2024 at 06:50 PM.
Quote from ahrs88 :
Does anyone know how these are delivered?

I don't want 2k of gold just being left outside my apartment. Is there a way to choose to pickup or sign only?

UPS signature required
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